NEW YORK (Reuters) - The following are notable quotes from the Reuters 2008 Consumer and Retail Summit:
WESLEY CARD, CEO, JONES APPAREL GROUP (JNY.N: Quote, Profile, Research, Stock Buzz)
"I don't know how we avoid inflation generally over the next couple of years. If the euro weakens against the dollar, which a lot of people are forecasting, that obviously will have an impact. But this oil price--it may moderate in terms of gas prices at the pump, but we're still going to be living in a different world of energy costs over the next five or six years."
PAUL ROSENGARD, GROUP PRESIDENT PREMIUM BRANDS, PERRY ELLIS
INTERNATIONAL (PERY.O: Quote, Profile, Research, Stock Buzz)
"On the high end and lower end (demand) seems to be stronger... It's the big zone in the middle--the department stores and the J.C. Penney (JCP.N: Quote, Profile, Research, Stock Buzz) zone, that I believe are struggling more."
ISAAC LARIAN, CEO, MGA ENTERTAINMENT
"Children are becoming more colorblind. Look at the election. Kids, who are even blond, don't mind having an African-American doll, a Latin American doll."
FRANCISCO HOFFMANN, VICE PRESIDENT OF STRATEGIC INITIATIVES
AND INVESTOR RELATIONS, PERRY ELLIS INTERNATIONAL
"Yes, there has been a pullback on the consumer. Yes, there is much lower confidence than a year ago. But at the same time, the consumer is still going."
ISAAC LARIAN, CEO OF MGA ENTERTAINMENT
"One thing, which is not in the options is -- I don't think I will ever sell my company to Mattel (MAT.N: Quote, Profile, Research, Stock Buzz)
(Compiled by Karen Jacobs, editing by Leslie Gevirtz)
© Thomson Reuters 2009. All rights reserved.
| Japan Investment | Jul 07 - 8, 2009 | Country Summits |
| Global Real Estate | Jun 22 - 24, 2009 | Real Estate |
| Investment Outlook | Jun 15 - 18, 2009 | Financial Services / Exchanges |
| Global Retail | Jun 10 - 12, 2009 | Consumer & Retail |
| Global Luxury | Jun 08 - 10, 2009 | Hotels/Casinos |
